Freddie Mac - Freddie Mac Home Possible Advantage(SM) Mortgage Makes Home Financing With a 3 Percent Downpayment Possible. MCLEAN, VA- -(Marketwired - Dec 8, 2. Freddie Mac (OTCQB: FMCC) today launched Home Possible Advantage(SM), an affordable conforming, conventional mortgage with a three percent downpayment requirement designed to make responsible homeownership accessible to more first- time buyers and other qualified borrowers with limited downpayment savings. Freddie Mac Executive Quote: Attribute to Dave Lowman, Executive Vice President, Single- Family Business at Freddie Mac. Home Possible Advantage is Freddie Mac's newest effort to foster a strong and stable mortgage market. Lenders should contact their Freddie Mac representative and interested borrowers should contact a Freddie Mac lender. Freddie Mac was established by Congress in 1. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at Freddie. Mac. com, Twitter @Freddie. Mac and Freddie Mac's blog Freddie. Home Possible ProgramsFreddie Mac's Home Possible. The Richard Woodward Mortgage Team at. Training is a two-step process that involves Program training and System Software training. Step #1 Program Training You may only attend this training if your. Fannie Mae Home Possible ProgramHome Possible Advantage mortgage is a 3% low down payment (97% LTV) program designed to increase homeownership and make home buying more affordable in CA.
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